Workday and Deloitte CIO Survey
Progressive CIOs: driving finance transformation.
How are today’s IT leaders achieving success? To find out, Workday and Deloitte surveyed more than 600 executives across the globe.
Scroll to uncover the survey results, why strong partnerships between CIOs and CFOs are key to finance digital transformation, and how progressive CIOs stand out.
The expanding role of today’s CIOs.
A greater focus on strategy.
Today’s CIOs aren’t just concerned about IT and data security. Almost half of those surveyed believe they need to spend more time on strengthening IT’s strategic partnership across the organization.
Digital transformation is key.
Digitization has become a business imperative—and IT leaders are in the driver’s seat. Among CIOs, 60 percent see themselves as transformation educators and evangelists, shepherding the enterprise into its digital future.
Agility equals ability.
IT’s mission to keep sensitive and critical data secure hasn’t changed. CIOs find that greater agility is crucial to support new digital initiatives while also covering the basics.
A greater focus on strategy.
Today’s CIOs aren’t just concerned about IT and data security. Almost half of those surveyed believe they need to spend more time on strengthening IT’s strategic partnership across the organization.
Digital transformation is key.
Digitization has become a business imperative—and IT leaders are in the driver’s seat. Among CIOs, 60 percent see themselves as transformation educators and evangelists, shepherding the enterprise into its digital future.
Agility equals ability.
IT’s mission to keep sensitive and critical data secure hasn’t changed. CIOs find that greater agility is crucial to support new digital initiatives while also covering the basics.
The pressure is on for CIOs.
45%
say they need to innovate more quickly
43%
call for greater enterprise agility
41%
want more reliable data for better decision-making
23%
say their organization makes errors when identifying risk
Progressive CIOs are making an impact.
While Progressive CIOs only made up 8 percent of the total survey sample, they have made huge strides in tackling change and driving innovation. Here’s what makes them rise above the rest.
Fueling change through partnership.
Progressive CIOs value close collaboration to keep stakeholders informed and aligned. In fact, 83 percent agree that they’ll miss growth targets unless IT and finance work together.
Using data to drive technology strategy.
By understanding the complex needs of business leaders, Progressive CIOs can deliver a technology solution that powers data-driven, smarter decision-making.
Taking an incremental approach to transformation.
Modernization shouldn’t come at the expense of business as usual—so 54 percent of Progressive CIOs balance cost with innovation by gradually implementing an end-to-end cloud strategy.
“I think being a CIO is really about business alignment and collaboration with key business partners. By doing this, we mitigate a lot of risks. We know what our roadmap is and where we need to invest as a priority.”
—Jerzy Janeczko, CIO, Ipsen
Progressive CIOs see things differently.
90%
believe IT is more integrated into other areas of the business than before the pandemic
56%
would like to educate the organization on the value of transformation
48%
enjoy working with other departments on digital innovation projects
48%
want to take on a bigger role in data governance
Ready to become a Progressive CIO?
Transform your mindset.
The right attitude is often more important than any specific technology initiative. By leading the conversation, you can shape the business strategy and partnerships needed for a successful transformation.
Collaborate closely.
Enterprise finance transformation is a team sport. CIOs can make sure that everyone plays at the top of their game. Most crucially, form a strong partnership with the CFO to meet your goals.
Focus on agility.
Putting a transformation strategy into action while taking care of the day-to-day isn’t easy. To balance innovation with cost, take an agile approach to planning and implementation.
Lead your organization into the future of finance.
See how CIOs from around the world are reinventing finance and tackling change.
Get all the survey findings.